Huatie Emergency's Emergency Computing Power Business Continues to Advance, Unrelated to Bitcoin Mining

Huatie Emergency's Emergency Computing Power Business Continues to Advance, Unrelated to Bitcoin MiningHuatie Emergency (603300.SH) recently responded to questions about its computing power business on the investor interaction platform

Huatie Emergency's Emergency Computing Power Business Continues to Advance, Unrelated to Bitcoin Mining

Huatie Emergency (603300.SH) recently responded to questions about its computing power business on the investor interaction platform. The company stated that its computing power business is progressing as scheduled, with some projects already entering the delivery phase. The computing power rental business model provides customers with computing power in various forms, including but not limited to bare metal and virtualization, along with corresponding value-added technical services. The company charges fees based on mutually agreed-upon settlement methods with clients, including but not limited to annual, monthly, daily, hourly, or specific payment methods.

At the shareholders' meeting, an investor asked about the company's plan to purchase GPU computing equipment and provide a guarantee limit of no more than 15 billion yuan for financing. The investor also inquired about the specific nature of the company's computing power business and its connection to the previously purchased 80,000 GPU Bitcoin mining machines.

In response, Huatie Emergency clarified that its computing power rental business is unrelated to Bitcoin mining. The company's computing power services cater to a wider customer base and include value-added technical services, in addition to traditional bare metal and virtualization methods, with flexible settlement options.

According to publicly available information from 2021, Huatie Emergency had purchased 80,000 GPU Bitcoin mining machines. However, the company emphasized in its response on the investor interaction platform that its current computing power business is unrelated to Bitcoin mining. Investors should note that the company's current computing power business is not solely focused on cryptocurrency mining but instead targets a broader market, offering computing power services in various forms, including but not limited to bare metal and virtualization, along with corresponding value-added technical services.

The advancement of Huatie Emergency's computing power business indicates the company's proactive expansion into new business areas, enhancement of its business structure, and improvement of its profitability. With the growing demand for computing power in the future, the company is poised to achieve greater development in this field.

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